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Automobiles: the wait-and-see attitude of buyers, another hard blow for manufacturers

2021-11-21T17:28:29.277Z

Manufacturers are all gearing up to sell fewer cars in the next few years. The buyers are no longer there. Last October, sales of new cars plunged by 30% compared to last year, in both Europe and France. Why such an air gap? To be sure, the global shortage of electronic components has plagued car production. Thus, this year, five million vehicles will not leave factories worldwide. Delivery times have been reduced from eight to twelve months for new gasoline vehicles. Ma



The buyers are no longer there.

Last October, sales of new cars plunged by 30% compared to last year, in both Europe and France.

Why such an air gap?

To be sure, the global shortage of electronic components has plagued car production.

Thus, this year, five million vehicles will not leave factories worldwide.

Delivery times have been reduced from eight to twelve months for new gasoline vehicles.

Manufacturers give priority to electric or plug-in hybrid engines.

The market is currently disrupted by

the shortage of semiconductors

with delivery delays that push buyers to turn to used vehicles.

But this is not the only explanation

”, nuance Flavien Neuvy, economist and director of the Cetelem mobility observatory.

A large number of individuals are in fact turning away from the purchase of increasingly expensive new cars.

Read also

Advertising: the automotive sector is putting the brakes on its investments

"

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Source: lefigaro

All business articles on 2021-11-21

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